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Nokia Boosts Net,
Phone Forecast,
But Margins Slip

Nokia Corp. raised its forecast for the global cellphone market after stronger demand for handsets equipped with cameras and music players and growth in emerging markets boosted third-quarter profit.

Still, gross profit margins at the world's largest maker of mobile phones remain under pressure. Nokia said average selling prices will fall in the fourth quarter from the third, as growth mainly is in markets where low-end phones...